Word: bhilai
(lookup in dictionary)
(lookup stats)
Dates: during 1956-1956
Sort By: most recent first
(reverse)
...oilfields of Assam, Russian traders and technicians traipsed through India last week, offering cut-rate rubles, big-brotherly advice and back-scratching barter deals. Czech engineers mapped roads in the mountainous north. East German technicians scouted sites for India's first raw film factory. In central Bhilai, Russian specialists supervised construction of a steel mill for which Russian moneymen had advanced some $100 million at 2½%, about half the interest rate proposed by Western lenders...
...four-day visit threw Russia's much-advertised Indian trade drive into high gear. In the next three years Russia will not only build a 1,000,000-ton steel mill at Bhilai, Central India, but also supply India with a million tons of steel, almost a third of the country's imports under its second five-year plan. Together with shipments of cement, coal-mining and other machinery, this will build a $300 million to $500 million Russian credit in New Delhi...